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have been called. secretary of state clinton has not been called to testify before the committee. while darrell issa has not directly criticize secretary clinton, one of his lieutenants , a ut representative, did on tuesday, arguing the white house and clinton had been more concerned with normalizing relations with libya posing new government and with security. the hearing should get under way shortly. h[captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> the committee will come to order. would you please take your seats? perhaps most appropriately today and the oversight committee mission statement reads "we exist to secure two fundamental principles. first, that americans have a right to know that the money washington takes from them is well spent. second, americans deserve an efficient, effective government that works for them. our duty on the oversight and government reform committee is to protect these rights. solemn responsibility is to hold government accountable to taxpayers, because taxpayers have a right to know wh
? >> it is either going to be hillary clinton or -- everybody thinks she will give it a serious look. nobody knows for sure. terry mcauliffe is out there -- what do you think? who else? >> andrew cuomo? >> i think he will look at that. >> and martin o'malley. >> there will be no private equity person running again. if romney is not elected, who will be the presumptive nominee for the republicans, 2016? presumptive? the >> you will have to fight marco rubio. there is a long bench. we think chris christie will also go for it. the order bobby jindal already working for it. >> let's assume obama is elected, and clinton will step down as secretary of state, so who will be the next secretary of state and treasury if obama is elected? if romney selected, who will be secretaries of state and treasury? >> susan rice. i think her chances were greatly diminished by her performance on the five sunday shows a couple of weeks back, and that will come back to bite her in a confirmation. >> i thought she was relating what she had been told by the intelligence community? >> the increasing information is that that
be information that is classified and can only be dealt with in classified sessions. as secretary clinton has said. the american people expect that the family who lost loved ones -- families who lost loved ones deserve an accurate accounting. we lost friends and colleagues, a cross section of those who put their lives on the line every day. in the inherently dangerous work of diplomatic service to our nation. the secretary has already appointed a review board and is working to determine if our security systems and procedures where appropriate in light of the threat environment and whether they were properly implemented. the secretary has asked us to work as quickly and transparency as pot -- transparently as possible. this is a complicated review that will take time. we will be better able to assess the information we have. until then, it is an incomplete picture and, as a result, our answers today will be incomplete. we have always made clear we were given the best information we had at the time. for example, if any administration official, including any career official, were on television s
the world. >> i would like to give a special shoutout to hillary clinton and the united population fund, yesterday in very high level meetings pledged nearly $50 million for a campaign to end child marriage. [applause] >> i'd like now to ask eleanor smeal to join me. i've had the great privilege of working with her for 25 years. she is one of the contemporary women's movements and one of its most recognized leaders. in 1980 she was the first to define and prove the gender gap that it existed and she has been a key force ever since to secure women's rights. please welcome eleanor smeal. [applause]. >> thank you this is quite a year for us. this is also the 25th anniversary for the feminist majority. and kathy never gets introduced in her own right. i want to introduce katherine spillar who has kept us going in so many ways and now is executive editor of "ms.." and that's not in name only, that's in reality. she gets the get. she gets the story. she makes sure that we're always not only relevant but that we're ahead of times and that everything from rape is rape campaign to cracking in an
clinton was president and our economy had the biggest surplus in history, and created a lot of millionaires. governor romney said it is fair that he pays a lower tax rate and a teacher or autoworker who makes $50,000. he is wrong. i refuse to ask middle-class families to give up their deductions for having a home or raising a kid, just to pay for another millionaire's tax cut. i refuse to pay for that tax cut by asking students to pay more for college, taking kids out of head start programs, or eliminating health care for millions of americans who are poor or disabled or elderly. that is the choice we face in this election. that is what the election comes down to. over and over, we have been told by governor romney, congressman ryan, and their allies in congress, that unless government can do everything, they should do almost nothing. if you cannot afford health insurance, and do not get sick. if a country releases air pollution, that is the price of progress. if you cannot afford to go to college, just borrow money from your parents. you know what? that is not who we are. t
, as president clinton said. the reality is that any past or on tax reform that promises to cut rates will either end up failing to reduce the deficit or failing to protect the middle class from a net tax increase. you can, at most, achieved two of these goals. anyone pushing a plan purporting to accomplish all three is not telling the truth. the sooner we are honest with ourselves about this, the easier it will be to negotiate an actual compromise on taxes and on deficit reduction. in 1986, we chose to cut the top rate and protect the middle class. we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figuring out which credits and de
. i am not sure yet, but romney seems to be more moderate and centrist, like clinton was. clinton was a good president, not counting the personal dalliances which did not mean anything anyway. i am going to vote for romney and it might be different. host: that you, george. the vice presidential candidates debate this week on thursday, but there are two more presidential debates coming up, and here they are, october 16, a town hall type debate. finally, october 22, at lynn university, in florida. that one will be focused on foreign policy. rick in maryland, independent line. what did you think of mitt romney's speech on foreign policy from the virginia military institute? caller: good morning. thank you for accepting my call. i thought it was a lot like the george bush's policies, did not make very much sense. i spent 19 months in iraq, and i listened to the story line they had us there, and it did not sound good then, it does not sound good now. i made money. he seems to be promoting the same thing, and i'm scared. i mean, it does not do anything to put us back in the driver's sea
with the former clinton budget director. here is the point. if we do not fix this soon, current seniors get caught. 10,000 people are retiring every single day. >> if we just allow medicare to bargain for the cost of drugs, that would save $156 billion right off the bat. folks, all you seniors, have you been denied choices? have you lost medicare advantage? >> if it could help solve the problem, why not very slowly raise the medicare eligibility age by two years? >> i was there when we did that with social security in 1983. i was one of eight people negotiating with president reagan. we all got together and everybody said as long as everybody is in the deal, and everybody is making some sacrifice, we can find a way. we made the system solvent to 2033. we will not be part of any voucher plan eliminating -- the doctor says, mom, when you are 65, shop for the best insurance, you are out of medicare. it will not keep pace with health care costs. if it did keep pace, there would be no savings. that is why they go to the voucher. we will be no part of the voucher program or the privatization of social s
clinton has said it bit convention. she would cut taxes by $4.1 trillion and cut spending by $360 billion. should cut taxes by 12 times the rate should cut spending. that's why the university of connecticut says it's a recipe for disaster on the deficit. >> your campaign has talked a great deal about middle-class tax cuts. not so much about poverty or issues of economic inequality. connecticut is a very well the state but our state capital, a recent report noted half of all children live in poverty. bridgeport, new haven, waterbury are not that far behind. what is your campaign doing to address poverty issues? are there any party programs that are off-limits from budget cuts? -- any poverty programs off limits from budget cuts? >> i absolutely believe we have to have a safety net in place to take care of those people who can't take care of themselves. they did not opt to be in this situation. we are a benevolent nation that we want to take care of those who can't take care of themselves. however, i think the best way out of poverty is to have a job. i want to make sure we give people oppo
in informing polcy. things can change over time. one episode of interest is the clinton era debt buyback program which in many ways was aal gas to an lsap. between -- analagous to an lsap. the treasury purchased bonds with a face value of 63.5 billion which was then 10% of outstanding stock of treasury securities. much as with an lsap this repurchase program appeared to have a powerful negative effect with long-term rates falling sharply relative to short-term rates. in contrast to what we have seen with lsaps thus far, it was also associated with what appear to be a quite pronounced increase in treasury specific scarcity. one way this scarcity manifested itself at the time was a widening, this is a little bit of a techie thing, a widening in something called the treasury swap spread which rose to something like 120 to 130 basis points in the spring of 2000. we have not seen anything like that in the current environment. so the lesson i just want to highlight is that we should continue to develop and monitor a variety of metrics of the scarcity phenomenon because they may be helpful on a
Search Results 0 to 11 of about 12 (some duplicates have been removed)